Barflex Polyfilms Ltd
Price Range
₹57 - ₹60
Min. Quantity
2,000
Closes on
15 January 2025
Min. investment
₹1,20,000/2,000 Shares
Barflex Polyfilms Ltd IPO Timeline
Barflex Polyfilms Limited was originally incorporated as Hitkari Polyfilms Private Limited' with the Registrar of Companies, NCT of Delhi & Haryana on January 24, 2005. Subsequently, the Company name was changed from Hitkari Polyfilms Private Limited' to Barflex Polyfilms Private Limited' on June 30, 2005. The Company then was converted from a Private Limited Company to a Public Limited Company and the name was changed to Barflex Polyfilms Limited', and a fresh Certificate of Incorporation dated February 22, 2024 was issued to Company by the Ministry of Corporate Affairs, Central Registration Centre.
| Event | Date |
|---|---|
| Barflex Polyfilms Ltd IPO Opening Date | 10 January 2025 |
| Barflex Polyfilms Ltd IPO Closing Date | 15 January 2025 |
| Basis of Allotment | 16 January 2025 |
| Initiation of Refunds | 17 January 2025 |
| Credit of Shares to Demat | 17 January 2025 |
| Barflex Polyfilms Ltd IPO Listing Date | 20 January 2025 |
Barflex Polyfilms Ltd IPO Details
| Barflex Polyfilms Ltd IPO Date | 10 January 2025 to 15 January 2025 |
| Barflex Polyfilms Ltd IPO Face Value | ₹10 per share |
| Barflex Polyfilms Ltd IPO Price | ₹57 to ₹60 per share |
| Barflex Polyfilms Ltd IPO Lot Size | 2,000 |
| Issue Size | Shares of ₹10 (aggregating up to ₹39.41 Cr) |
| Fresh Issue | Shares of ₹10 (aggregating up to ₹12.31 Cr) |
| Offer for Sale | Shares of ₹10 (aggregating up to ₹27.1 Cr) |
| Issue Type | Book Building - SME |
| Listing At | NSE - SME |
| QIB Shares Offered | Not more than 12,46,800 of the Net Offer |
| Retail Shares Offered | Not less than 21,81,900 of the Net Offer |
| NII (HNI) Shares Offered | Not less than 9,35,100 of the Net Offer |
| Company Promoters | Jaiwant Bery, Nomita Bery |
Barflex Polyfilms Ltd IPO Lot Size
The Barflex Polyfilms Ltd IPO lot size is 2,000 shares. A retail-individual investor can apply for up to 1 lots (2,000 shares or ₹1,20,000).
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Minimum | 1 | 2,000 | ₹1,20,000 |
| Maximum | 1 | 2,000 | ₹1,20,000 |
- Strengths
- Risks
- Opportunities
- Diversified product range.
- Presence across diverse industry verticals with relationship with our clients.
- Widespread market presence.
- Organisational stability alongwith Promoter's experience.
- Quality assurance.
Company Financials
Barflex Polyfilms Ltd Financial Information (Restated)
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 03-2024 | 72.43 | 116.1 | 16.43 |
| 03-2023 | 56.65 | 110.41 | 10.13 |
| 03-2022 | 45.29 | 94.1 | 7.94 |
| Amount in ₹ Crore | |||
Objects of the Issue
The company proposes to utilise the Net Proceeds from the Fresh Issue towards funding the following objects:
- Funding capital expenditure towards purchase of additional plant and machinery out of net proceeds from fresh issue
- General corporate purposes
Barflex Polyfilms Ltd IPO Promoter Holding
| Pre Issue Share Holding | 69.73% |
| Post Issue Share Holding | 50.04% |
Barflex Polyfilms Ltd IPO Subscription Status (Bidding Detail)
The Barflex Polyfilms Ltd IPO is subscribed 140.7894 times on 15 January 2025 05:00:00 PM. The public issue subscribed 98.4857 times in the retail category, 78.2964 times in the QIB category, and 373.4403 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | QIB | NII | Retail | Employee | Total |
| Subscription (times) | 78.2964 | 373.4403 | 98.4857 | - | 140.7894 |
Barflex Polyfilms Ltd IPO Prospectus
Barflex Polyfilms Ltd IPO Listing Date
| Listing Date | 20 January 2025 |
| BSE Script | 38615 |
| NSE Symbol | BARFLEX |
| Listing In | NSE - SME |
| ISIN | INE0QX401014 |
| IPO Price | ₹60 |
| Face Value | ₹10 |
Company Contact Information
A-33 3rd Flr FIEE ComplexOkhala Industrial Area Phae II,New Delhi-110020
Phone: +91 98100 21106
Email: info@barflex.co.in
Website: www.barflex.co.in
Barflex Polyfilms Ltd IPO Registrar
Barflex Polyfilms Ltd IPO Lead Manager(s)
- Almondz Financial Services Ltd
FAQ
What is the issue size of Barflex Polyfilms Ltd IPO?
I have pre-applied for Barflex Polyfilms Ltd IPO. When will my order get placed?
In case of pre-apply, your IPO order will be placed on the Exchange as soon as the official bidding for TBI Corn Ltd IPO begins. You will receive a UPI request within 24 hours after the bidding period opens.
